South Africa’s inflation remains at 3.2% in February

The latest data released by Statistics South Africa (Stats SA) shows that the annual consumer inflation rate remained unchanged at 3.2% in February. While the overall rate held steady from January, certain key sectors experienced notable price increases. Food and fuel costs surged, driving up month-on-month inflation, which accelerated to 0.9% in February, a significant jump from 0.3% in January. This rise was primarily fuelled by higher prices in food, […]